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SUBSIDIARY NAME

New 3* or 4* Hotel, Restaurants, Retail and F&B Processing Plant with food production & packaging plant & a sports complex

COUNTRY

UAE

SECTOR/ INDUSTRY

REAL ESTATE

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

June 28, 2022

ACQUISITION VALUATION

446 MILLION

TOTAL ASSET VALUATION

4.46 BILLION

REAL ESTATE

New 3* or 4* Hotel, Restaurants, Retail and F&B Processing Plant with food production & packaging plant & a sports complex acquired on June 28, 2022

  • F&B Processing Plant with Bakery & Ready-to-Eat (RTE) Processing
  • Multi-Cuisine Restaurants (10 Locations)
  • Retail Supermarket Facility (10 Locations)
  • Greenhouse Hydroponic Tomato Farm, RAK – UAE
  • Food Processing & Packaging Plant, RAK – UAE

Multipurpose Indoor Community Sports Facility Complex Project, Dubai – UAE

  • Multipurpose Indoor Community Sports Facility with 2000-Seat Indoor Stadium
  • 4* Hotel with 150 Keys
  • 3* or Extended Stay Hotel with 460 Keys
  • Multi-Speciality or General Hospital with 100 Beds
  • K-12 School with Dual (CBSE & ICSE or IB) Curriculum
  • Rooftop Greenhouse Farm Facility
  • Retail Supermarket Facility
  • Residential Zone – Staff Housing, Recreation Club, Public Parks, Mini Mall or Retail Areas & General Infrastructure

SUBSIDIARY NAME

Orto Aviation Project

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RMG INFIDEAL RESOURCES

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